The beginner's guide to FX trading
At one time, the currency of Zimbabwe. Currency code (ZWD). zimbabwe now uses a combination of currencies such as the United States dollar, the euro, the pound sterling, Japanese yes, Chinese yuan, South Africa rand and Botswana pula.
Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
The Chinese yuan is the official currency of the People’s Republic of China. The renminbi is the name of...
The Eurogroup is an informal body where the finance ministers of the eurozone discuss matters relating to...
A non-deliverable forward (NDF) is a forward or futures contract in which the two parties settle the...
The European Central Bank (ECB) is the central bank that oversees monetary policy of the eurozone. The...
Pippo went long USD/ZAR two weeks ago and has locked in a profit of 6,000 pips so far. See what he plans to do next.
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The first thing that you need to know about forex trading is that currencies are traded in pairs; you can’t buy or sell a currency without another.
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Pippo went long USD/ZAR three weeks ago and has locked in a profit of 10,6000 pips so far. See what he plans to do next.
Read MoreImagination is more important than knowledge.Albert Einstein